Author: Federal Title

FIRPTA withholding rate to increase to 15% for sales exceeding $1 million

Written by Federal Title on 2016-01-20.

Starting February 16, 2016, there will be changes to the Foreign Investment in Real Property Tax Act ("FIRPTA"). FIRPTA is a tax law passed in 1981 that requires foreign persons to pay U.S. income tax on the gains they make from selling...

Maximum VA Loan county limits updated for 2016

Written by Federal Title on 2016-01-11.

The Department of Veterans Affairs Loan Guaranty Program recently published county “limits” to be used for VA Loans effective January 1, 2016. Please note, these limits do not reflect a maximum amount that an eligible veteran is permitted...

Help wanted: Settlement Coordinator

Written by Federal Title on 2015-11-24.

The largest independently owned title company serving the Washington, D.C. metro area is in need of a Settlement Coordinator with a minimum of one year of professional experience handling real estate transactions in the District of Columbia,...